Broward Florida Code of Ethics, Duty of Care of Board of Directors of Homeowners' Association

State:
Multi-State
County:
Broward
Control #:
US-1127BG
Format:
Word; 
Rich Text
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Description

Homeowners require their properties to be properly maintained; they expect a healthful living environment; and they anticipate the Board of Directors will function efficiently and effectively and provide a financially sound organization. Accordingly, the services provided by the Board of Directors require honesty, impartiality, fairness and equity, and must be dedicated to the protection of the public health, safety, and welfare. Board of Directors must perform under a standard of professional behavior that requires adherence to the highest principles of ethical conduct. Board Members, therefore, must be eager to maintain and improve the standards of their calling and share with their fellow homeowners a common responsibility for its integrity and honor. As such, Boards of Directors pledge to observe its spirit in all of their decisions and to conduct the business of the association in accordance with the creed set forth.
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FAQ

Main Duties of HOA Board Members Ensure Compliance to Laws and Governing Documents.Maintain Common Areas.Enforce HOA Rules and Regulations.Manage HOA Finances.Conflict Resolution.Duty of Care.Duty of Loyalty.Duty to Act Within the Scope of Authority.

One of the most important Florida board member requirements is to obtain a certification. This is to ensure all board members are up to speed on applicable regulations.

The three fiduciary duties board members of an HOA should uphold are the Duty of Care, the Duty of Loyalty, and the Duty to Act Within the Scope of Their Authority.

In most cases, homeowners cannot simply sue their HOA. Florida state law generally requires disputes involving property owners and HOAs to move forward through the dispute resolution process. Instead of beginning with traditional litigation, this generally requires the homeowner to seek a resolution through mediation.

Let's start with that first question. The simple answer is NO. HOA rules cannot override state law.

Filing an Official Complaint Residents may file a Condominium/Cooperative Complaint Form (PDF) directly with the Division of Florida Condominiums, Timeshares and Mobile Homes. Hardcopies of the form can be obtained by calling 1.800. 226.9101 or 850.488. 1122.

Thus, the Sunshine Law would not generally apply to meetings of a homeowners' association. Section 617.303(2), Florida Statutes, however, does require that all meetings of the board of directors of a homeowners' association be open to all members of the association.

The Florida Homeowners' Association Act (HAA), Fla. Stat. §720.301, et. seq., governs the formation, management, powers, and operation of HOAs in Florida.

When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else, usually financially. The person who has a fiduciary duty is called the fiduciary, and the person to whom the duty is owed is called the principal or the beneficiary.

For this reason, Florida law holds that HOA boards and board members have certain legal and ethical responsibilities toward property owners and shareholders, known collectively as fiduciary duty.

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Broward Florida Code of Ethics, Duty of Care of Board of Directors of Homeowners' Association